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Digital Bros SpA (DIB.MI)

DIB.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Digital Bros unit sells 8.5 mln Starbreeze B shares
Wednesday, 21 Sep 2016 09:31am EDT 

Digital Bros SpA : Unit 505 Games sells 8.5 million Starbreeze B shares for the gross value of about 20.9 million euros ($23.30 million) .Still owns 3,275,532 Starbreeze B shares.  Full Article

Digital Bros FY net profit up at 12.5 mln euros yoy
Wednesday, 14 Sep 2016 02:59am EDT 

Digital Bros SpA : Said on Tuesday that it reported FY 2015/2016 gross revenue of 110.2 million euros versus 121.2 million euros a year ago . FY net profit at 12.5 million euros versus 9.1 million euros a year ago . Proposed FY dividend of 0.13 euro per share .Said that its expectations for the next fiscal year are positive, but it will not be possible to replicate the operating margin which have been realized during this fiscal year, which were also positively impacted by the sales of PAYDAY 2 rights.  Full Article

Digital Bros to sell back the rights of Payday to Starbreeze AB
Tuesday, 31 May 2016 03:55am EDT 

Digital Bros SpA : Announced on Monday, through its subsidiary 505 Games, the decision to sell back the rights of Payday to Starbreeze AB with exclusion of the rights for the Payday 2 console versions . Transaction value is 249.3 million Swedish crowns ($29.91 million)and will be paid through issue of 10.9 mln new Starbreeze B series shares that correspond to 4.3 percent of its share capital .As deferred compensation Digital Bros will hold 33 percent revenue share for the future sale of Payday 3 for a maximum amount of $ 40 mln.  Full Article

Digital Bros to launch Terraria in Greater China with iDreamSky
Monday, 23 May 2016 12:28pm EDT 

Digital Bros SpA : Assigns via its unit 505 Games exclusive rights to iDreamSky Technology Limited to launch the mobile version (Android, iOS and Windows) of Terraria in Greater China .The agreement provides for 50 percent royalties to the group.  Full Article

Digital Bros 9 month revenue down 30.6 pct at 61.3 million euros
Friday, 13 May 2016 02:54am EDT 

Digital Bros SpA : Reported on Thursday 9 month revenue of 61.3 million euros ($69.54 million) versus 88.3 million euros a year ago . 9 month net loss of 1.3 million euros versus profit of 5.6 million euros a year ago . Expects net profit in the last quarter of the year, but net loss for full year .Sees significant increase in revenues and profit in next year 2016-2017.  Full Article

Digital Bros SpA proposes FY 2014/2015 dividend
Friday, 11 Sep 2015 12:16pm EDT 

Digital Bros SpA:Proposes FY 2014/2015 dividend of 0.13 euro per share.  Full Article

Digital Bros enters console publishing agreement with Starbreeze for $10 mln
Wednesday, 29 Apr 2015 01:41pm EDT 

Digital Bros SpA:Says subsidiary 505 Games acquired exclusive rights to console version of videogame "OVERKILL's The Walking Dead" from Starbreeze.Investment for lifetime console rights to be $10 million.Videogame expected to be released on PlayStation 4 and Xbox One during 2016.  Full Article

Digital Bros Bros signs new $13.4 mln agreement with Starbreeze
Monday, 23 Mar 2015 02:51am EDT 

Digital Bros SpA:Announces agreement with Starbreeze AB for additional content of 13 Payday 2 for next 24 months for $13.4 mln.Agreement signed through subsidiary 505 Games.  Full Article

Digital Bros SpA issues H2 2015 guidance
Friday, 27 Feb 2015 02:22am EST 

Digital Bros SpA:Sees further increase in H2 2015 net profit.  Full Article

Digital Bros SpA acquires rights to Brothers: a Tale of Two Sons video game
Friday, 16 Jan 2015 10:49am EST 

Digital Bros SpA:Says via its unit 505 Games, it has acquired rights to intellectual property for 'Brothers: A tale of two sons', a video game published in 2013.Says the game has been edited for PC, Xbox 360 and PS3.Says the rights have been acquired from Starbreeze, for a total consideration of $500,000.  Full Article

BRIEF-Starbreeze and Digital Bros sign $4 mln distribution agreement

* Starbreeze and Digital Bros sign $4 million exclusive world-wide console retail distribution agreement for "RAID: World War II", to be released on PlayStation 4 and Xbox One Summer 2017